394
394
Jan 24, 2013
01/13
by
CNBC
tv
eye 394
favorite 0
quote 0
>> well, i think germany has done what was necessary to al w allow -- to make it clear that the euro is here to stay, and that's been a tremendous relief for the markets. so calm has returned. the european banking system, the interbank market, has revived so there's a general sense of let's say almost euphoria that the crisis is over. i think that is somewhat premature. because the fundamental internal inconsistencies in the dis-tim have not been addressed, and actually, therefore, you face political dangers. the euro is transforming the european union into something very different from the original conception which was a voluntary association of equal states, and instead of that, the financial created a two-class system where the euro, the creditors and debtors and the creditors are in charge. the political situation i think is going to get worse. i think the next year, next two years perhaps, are going to be very cuffy if the european union survives forever. i don't think europe can live politically with are a situation where there's are a center, namely germany, and countries like
>> well, i think germany has done what was necessary to al w allow -- to make it clear that the euro is here to stay, and that's been a tremendous relief for the markets. so calm has returned. the european banking system, the interbank market, has revived so there's a general sense of let's say almost euphoria that the crisis is over. i think that is somewhat premature. because the fundamental internal inconsistencies in the dis-tim have not been addressed, and actually, therefore, you...
181
181
Jan 2, 2013
01/13
by
CNBC
tv
eye 181
favorite 0
quote 0
. >> and they also used the euro to borrow a tremendous amount of money using the german balance sheet and we're doing the same thing, abusing our world's reserve currency status, and when that ends, it's going to be very painful. >> the music hasn't stopped. the cash is still flowing so markets will go higher. >> you're right. >> all right. we've got to go at this point. i'm not sure we solved anything, but it was fun somehow. >> we did better than congress. >> that's true. >> at least we didn't curse. >> no f-bombs here at least. see you later. stocks kick off the year on a high note thanks in last part to last night's 11th-hour tax deal in congress. checking with bertha coombs for today's leaders and laggards. >> bill, a day for notable milestones. the dow starting the year up over 2% for only the tenth time in 100 years, the nasdaq's best one-day gain in over 15 months, the s&p starting the year with a sizable gain for the fifth straight year. that's never happened and the russell 2000 hitting a new all-time high. zipcar was the russell's biggest percentage gainer on a $500 million
. >> and they also used the euro to borrow a tremendous amount of money using the german balance sheet and we're doing the same thing, abusing our world's reserve currency status, and when that ends, it's going to be very painful. >> the music hasn't stopped. the cash is still flowing so markets will go higher. >> you're right. >> all right. we've got to go at this point. i'm not sure we solved anything, but it was fun somehow. >> we did better than congress....
169
169
Jan 29, 2013
01/13
by
CNBC
tv
eye 169
favorite 0
quote 0
well know that the european central bank has pledged to save the euro by doing whatever it takes. but now we see parts of asia, latin america taking the low rate directive. today, it was india to cut interest rates. one of the first asian economies to do so, aside, of course, from japan, which has been on a stimulus mode lately. so, based on that, the landscape looks good for stocks, an economic recovery, low rate
well know that the european central bank has pledged to save the euro by doing whatever it takes. but now we see parts of asia, latin america taking the low rate directive. today, it was india to cut interest rates. one of the first asian economies to do so, aside, of course, from japan, which has been on a stimulus mode lately. so, based on that, the landscape looks good for stocks, an economic recovery, low rate
208
208
Jan 28, 2013
01/13
by
CNBC
tv
eye 208
favorite 0
quote 0
however euro skeptics warn seven are in recession. it's possible that germany falls into a recession as well. so they aren't out of the woods yet. don't get complacent about europe. did japan just start a currency war? announcing a full on assault on inflation. that's likely to weaken their currency and a lot. making it more difficult for the u.s. and europe to increase their exports. where does it end? what kind of unintended consequences could it bring? the third possible derailment, china. not the pace of their growth which has recovered. china worries more about political risk because the country has new leadership for the first time in ten years. and if the country is going to keep growing, they must do some very controversial reforms. that's going to lead to some kind of internal distress as investors try to hold on to power. and the final wild card, iran and its nuclear ambitions. there it's hard for the markets to measure what could happen. >> okay, michelle. thank you. a group of bipartisan senators meanwhile have agreed on a
however euro skeptics warn seven are in recession. it's possible that germany falls into a recession as well. so they aren't out of the woods yet. don't get complacent about europe. did japan just start a currency war? announcing a full on assault on inflation. that's likely to weaken their currency and a lot. making it more difficult for the u.s. and europe to increase their exports. where does it end? what kind of unintended consequences could it bring? the third possible derailment, china....
240
240
Jan 8, 2013
01/13
by
CNBC
tv
eye 240
favorite 0
quote 0
and in the euro zone, a potential spanish downgrade. what i'm focused on is looking at vix call options, expiring in february. as a result, february comes around, more jitters in the market, you'll make money. >> all right, so, you're expecting a down market, then, is what you're saying, except being selective. robert, you're up. 30 seconds on the clock. go for it. >> yeah, tomorrow i'm going to be watching the price action in alcoa after reporting earnings this afternoon. the stock's been a dismal performer since 2011. we think a close tomorrow above $9.25 is positive for alcoa. gives us good momentum heading into earnings season. also at 1:00 p.m., i'm going to watch the ten-year treasury auction. want to see how that responds. we believe technically that rates are going to be heading higher and we think this is bullish for equities. we anticipate the $1.75 trillion that's flowed into bond mutual funds to make it way back. >> 30 seconds on the clock. what do you want to look at? >> sure, maria. with little economic news coming out tom
and in the euro zone, a potential spanish downgrade. what i'm focused on is looking at vix call options, expiring in february. as a result, february comes around, more jitters in the market, you'll make money. >> all right, so, you're expecting a down market, then, is what you're saying, except being selective. robert, you're up. 30 seconds on the clock. go for it. >> yeah, tomorrow i'm going to be watching the price action in alcoa after reporting earnings this afternoon. the...